U.S. January Biodiesel imports of 18.3 million gallons were the highest recorded for any January dating back to 2015. January 2022 imports were 88 percent above January 2021 imports but 39 percent below December. Imports typically fall during the first quarter
U.S. January biodiesel imports of 18.3 million gallons were the highest recorded for any January dating back to 2015. January 2022 imports were 88 percent over January 2021, but 39 percent below December.
Imports generally decline during the first quarter of a new year. 2022 imports are off to a strong start and at 18.3 million gallons they are 43 percent above the five-year January import average of 12.8 million gallons. The EPA’s proposed blending mandate raises the renewable volume obligation for biomass-based diesel from 2.43 billion gallons to 2.76 billion.
Germany provided 45 percent of the imports received…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...